World Economy

Debt Repayment a Priority

Debt Repayment a PriorityDebt Repayment a Priority

Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are “in a different league” and will need discussion with Greece’s creditors, the country’s finance minister said. In an interview with The Associated Press on Saturday, Yanis Varoufakis also said Athens intends to start discussions with its creditors on debt rescheduling in order to make the country’s massive debt sustainable, at the same time as working on reform measures that need to be cemented by April, he said. “The IMF repayments of course we are going to prioritize,” he said.